MINIMAX-W (00100) surged 14.72% in pre-market trading, as investors reacted to a research report forecasting its potential inclusion in major Hong Kong benchmarks and the southbound Stock Connect program.

A leading investment bank projected that MINIMAX-W meets the criteria for inclusion in the Hang Seng family of indexes, including the flagship Hang Seng Tech Index, following the semi-annual review results to be announced on August 21. The report highlights that MINIMAX-W ranks high on the list of potential candidates based on market capitalization and other quantitative factors.

Additionally, the report notes that MINIMAX-W, listed in January 2025, is expected to be added to the southbound Stock Connect scheme in early August. This inclusion would allow mainland Chinese investors to trade the stock, a development that typically boosts liquidity and investor interest. The anticipation of passive fund inflows and expanded investor access is driving the sharp pre-market rally.